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US & Allies Have Blocked, Frozen $330Bln of Russian Assets Over Past 100 Days, Treasury Says

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Banknotes - Sputnik International, 1920, 29.06.2022
WASHINGTON (Sputnik) – The United States and allies have blocked $300 billion worth of Russia's central bank assets, and over $30 billion worth of sanctioned individuals’ assets in the past 100 days, the US Treasury said Wednesday.
“In the 100 days since Finance, Justice, Home Affairs, and Trade Ministers and European Commissioners committed to prioritizing resources and working together to isolate sanctioned Russians from the international financial system, REPO [Russian Elites, Proxies, and Oligarchs Task Force] members have: blocked or frozen more than $30 billion worth of sanctioned Russians’ assets in financial accounts and economic resources; immobilized about $300 billion worth of Russian Central Bank assets,” the statement said.
The task force has promised to further track Russian sanctioned assets and prevent sanctioned Russians from undermining restrictions. “Together, we will ensure that our sanctions continue to impose costs on Russia for its unprovoked and continuing aggression in Ukraine and to prevent funds and economic resources from being provided to or for the benefit of designated persons,” the statement read.
A Russian ruble coin is pictured in front of St. Basil cathedral in central Moscow - Sputnik International, 1920, 10.05.2022
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